Chapter 2448 The opportunity to change the world

Here, Boss Ma is still cautious, fearing that the "Yu'E Bao" project plan will be leaked. This kid Zhou Buqi is so smart, he might find out if he's not careful.

After all, Yu'e Bao is a heavyweight product. Once launched, it will definitely detonate the market and become a phenomenal financial product.

Little did he know that Zhou Buqi didn't care about a mere Yu'e Bao at all.

Zhou Buqi said: "To be honest, I don't have much confidence in PayPal's future development. I still have to rely on your help!"

"Ah?" Boss Ma was slightly startled, "Can I help?"

Zhou Buqi said: "Are you interested in promoting the strategic cooperation between PayPal and Alipay?"

Boss Ma immediately thought bad, "This is impossible, Alipay... Alipay will do many financial projects in the future and will develop deeply in the domestic financial field. This industry is particularly wary of foreign investment. It is almost impossible for PayPal to invest in Alipay. Either I won’t spin off Alipay either.”

Yu'e Bao is a product that competes with banks to compete for user deposits.

This is just the beginning.

Later, Alipay will successively launch fund business, stock business, credit products, insurance products, etc., and will also use the country's huge population data to establish a credit system.

PayPal is a foreign investment, so it is almost impossible to enter the market. Once it enters the market, Alipay will have greater constraints when doing some financial projects in the future.

Zhou Buqi smiled and said: "It is not appropriate for PayPal to invest in Alipay. Alipay can invest in PayPal."

"Well……"

Boss Ma was quite surprised.

Do you think this kid really took control of PayPal? If Alipay invests in PayPal, the relationship is not small. Can he even promote such a major decision?

Zhou Buqi said: "Judging from the current scale, PayPal is much larger than Alipay. Moreover, PayPal targets the global market. It is an American company and will have a better living environment in the international situation. In the next step In the next few years, as long as PayPal has the right strategy, it can develop rapidly."

"It should."

Boss Ma nodded.

Zhou Buqi smiled and said, "What do you think?"

"I?"

Countless thoughts flashed through Boss Ma's mind.

Zhou Buqi said: "Lao Ma, I know you very well. Although I don't know what Alipay is doing recently, I'm sure you must be secretly planning some big moves. Taobao's business in the e-commerce field Innovation has attracted worldwide attention. Although it is an imitation of eBay, it is definitely better than its predecessor. Taobao is like this, and I think Alipay will also be like this. In terms of product innovation, Alipay can be far ahead of PayPal."

Boss Ma said with a smile: "You said so many nice things today, don't you have other motives?"

Zhou Buqi said angrily: "What do you have other plans? I just want to help you realize your great ambitions! You want to do a lot of big things with Alipay, which takes time. In the next seven or eight years... in the next ten years, Alipay will We can only develop domestically and overcome the many obstacles in the domestic financial environment. What should we do overseas? By the time Alipay takes care of everything domestically, the overseas market will have long been robbed by our peers."

"Well, Alibaba's overseas business has never developed." Boss Ma agreed. "And financial products like Alipay have serious policy restrictions."

Zhou Buqi said: "Even if there are no policy restrictions, when you lead Alipay to develop the domestic market, the overseas market will also be robbed by competitors. By then, there will definitely be a bunch of products imitating Alipay. It occupied all the territory that originally belonged to Alipay. When Alipay took time off and wanted to expand into overseas markets, it found that it had nowhere to start.”

Boss Ma understood what he meant, "So Alipay will invest in PayPal and conquer the market through PayPal?"

Zhou Buqi smiled and said: "Don't you think this idea is very good?" After a pause, he continued: "There is a saying in China that Taobao is a copycat of eBay, and Alipay is a copycat of PayPal. Just like in China, Internet products can only imitate foreign countries. Many people look at the domestic Internet industry with this old history. If it were placed five or six years ago, this would indeed be true. But it is different now. In the field of business innovation, China is the leader of the global Internet!”

"Exaggerated! Exaggerated!"

Boss Ma waved his hand and laughed.

However, I somewhat agree with it in my heart.

When Alipay was first founded, it was indeed a copycat of PayPal.

But now, it's completely different.

From the perspective of Alipay's team, PayPal is already a product of the previous era, even though PayPal is now the world's largest mobile Internet financial product.

Even though "Yu'ebao" is not yet online, Alipay's existing functions are enough to dazzle overseas users. For example, you can pay water, electricity and gas bills on Alipay, and you can recharge subway cards and bus cards.

The most intuitive one is phone recharge.

Recharge on Alipay and pay, and it may arrive in your account in a few seconds. If you are in Europe and the United States...just wait, and there is no such convenient recharge channel at all. You have to go to the corresponding business hall or cooperative convenience store. It is good if the recharge can be received within 24 hours.

It's really easy to change the slow recharge situation. Just improve the recharge system.

Artificial intelligence can even be used.

Enter the recharge amount on the front end, and the AI ​​system in the backend will handle all operations, eliminating manual processes and completing the recharge in a very short time.

If the relevant technology on the operator side is not good, then Internet recharge platforms like Alipay or PayPal can help them improve their digital system. This thing is very simple.

Obviously, foreign Internet companies do not have such a pattern at all.

Why should you help others transform the system?

Don't give me any money!

Of course, this is also related to the fact that foreign operators are private companies, and it is impossible to serve them for free. Domestic banks, insurance companies, securities companies, etc. all have a state-owned background.

Working for state-owned enterprises seems to be an obligation of private enterprises.

Boss Ma was really excited at this time.

As an entrepreneur, who doesn’t want to do something epoch-making and become a business leader who can lead and change the world?

Alipay alone may not be enough.

This product can only change the domestic market.

Just like Boss Zhou said.

After Alipay has conquered the domestic market and accumulated enough strength and experience to explore overseas markets... the day lily has become cold. There have been a lot of products imitating Alipay in foreign countries, and there is no place for operations.

Even if this kind of Internet financial product greatly facilitates modern human life, who knows that the source comes from Alipay? You may also subconsciously think that Alipay is just a copycat product that imitates PayPal.

At Boss Ma's level, earning a reputation has become a huge motivation for progress.

Boss Ma pondered: "Can Alipay really invest in PayPal?"

Zhou Buqi said: “Not only must we invest in PayPal, but we must also properly guide PayPal to learn from Alipay and let PayPal follow Alipay’s strategy to do something overseas similar to what Alipay does domestically. If you are not always distressed, it is difficult to put your own Can ideas be promoted to all mankind and can only be entrenched in the domestic market? Now, I give you a chance! A chance to change the world! As long as you are willing, overseas PayPal and domestic Alipay can plan according to your business ideas !”